NATIONAL MEDICAL FELLOWSHIPS INC

EIN: 010963657 501(c)(3) Health Care

ALEXANDRIA, VA

Total Revenue
$4,352,058
Total Expenses
$5,217,964
Total Assets
$8,010,236
Net Assets
$5,818,673
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NY
Principal Officer
MICHELLENE DAVIS
Phone
2124838880
Tax Period
2025-01-01 to 2025-06-30

NATIONAL MEDICAL FELLOWSHIPS INC, founded in 1946, is a community nonprofit in the Health Care sector that reported $3.6M in total revenue in fiscal year 2018.

Mission

TO BROADEN THE PATHWAYS TO MEDICAL EDUCATION, PROVIDE TRANSFORMATIVE LEADERSHIP OPPORTUNITIES, AND ENSURE CLINICAL RESEARCH INCLUDES EVERYONE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,030,896
Program Service Revenue $0
Investment Income $122,268
Other Revenue $198,894
TOTAL REVENUE $4,352,058

Expense Breakdown

Grants Paid $1,405,957
Salaries & Benefits $2,699,946
Fundraising Expenses $431,262
Program Expenses $3,706,533
Other Expenses $1,112,061
TOTAL EXPENSES $5,217,964

Year-over-Year Comparison

2024 2023 Change
Revenue $4,352,058 $5,702,310 -0.2%
Expenses $5,217,964 $10,256,054 -0.5%
Net Income $-865,906 $-4,553,744 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
17
Employees
N/A
Volunteers
122

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$199,186
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON CORZINE CHAIRPERSON 40.00
Officer Director
$0 $0 $0
BRYAN R BAUGH VICE CHAIR 40.00
Officer Director
$0 $0 $0
EFRAIN TALAMANTES TREASURER 20.00
Officer Director
$0 $0 $0
JENNIFER SCHLENER SECRETARY 20.00
Officer Director
$0 $0 $0
KWEKU AWOTWI MEMBER 5.00
Director
$0 $0 $0
CARMEN SACHIKO VILLAR MEMBER 20.00
Director
$0 $0 $0
CALVIN WHEELER MEMBER 10.00
Director
$0 $0 $0
IMELDA DACONES MEMBER 5.00
Director
$0 $0 $0
JOHN JOHNSON MEMBER 5.00
Director
$0 $0 $0
GARY BUTTS MEMBER 5.00
Director
$0 $0 $0
FELIX MANUEL CHINEA MEMBER 20.00
Director
$0 $0 $0
KIMBERLY HENDERSON MEMBER 3.00
Director
$0 $0 $0
RAKIA REYNOLDS MEMBER 5.00
Director
$0 $0 $0
DALLAS LEA MEMBER 10.00
Director
$0 $0 $0
MIGUEL ALEXANDER POZO MEMBER 10.00
Director
$0 $0 $0
JOHN GORMAN MEMBER 10.00
Director
$0 $0 $0
LLOYD DEAN MEMBER 10.00
Director
$0 $0 $0
MICHELLENE DAVIS PRESIDENT & CEO 40.00
Officer
$179,183 $20,003 $199,186
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,352,058 $5,217,964 $8,010,236 $-865,906
2024 No data No data No data No data
2023 $5,441,202 $8,151,136 $14,600,690 $-2,709,934
2022 $17,808,122 $7,780,634 $16,882,584 $10,027,488
2021 $5,946,697 $4,384,821 $7,616,684 $1,561,876
2020 $3,575,737 $3,651,691 $4,985,532 $-75,954
2019 $5,565,523 $3,845,726 $4,024,778 $1,719,797
2018 $3,628,663 $3,957,357 $2,277,872 $-328,694
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